Arsenal signs new $150M Emirates sponsorship deal

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LONDON (AP) -- Arsenal has extended its stadium naming rights deal and shirt sponsorship with Emirates airline under a $150 million deal.

Arsenal's ground has been known as the Emirates Stadium since the team moved into the new north London base in 2006 and it will now continue to carry the name until 2028.

But Arsenal says the new deal will only guarantee Emirates' name on its shirts until the end of the 2018-19 season.